StockNews.com Begins Coverage on First Capital (NASDAQ:FCAP)

Equities researchers at StockNews.com assumed coverage on shares of First Capital (NASDAQ:FCAP) in a research report issued on Friday. The brokerage set a “hold” rating on the savings and loans company’s stock.

First Capital Stock Down 0.9 %

Shares of NASDAQ:FCAP opened at $32.49 on Friday. The firm has a market capitalization of $108.91 million, a PE ratio of 9.20 and a beta of 0.57. The business has a 50 day simple moving average of $32.70 and a two-hundred day simple moving average of $32.43. First Capital has a 1 year low of $26.03 and a 1 year high of $38.00. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.70 and a quick ratio of 0.70.

First Capital (NASDAQ:FCAP) last posted its quarterly earnings data on Friday, October 25th. The savings and loans company reported $0.87 earnings per share (EPS) for the quarter. The company had revenue of $10.93 million during the quarter. First Capital had a return on equity of 10.82% and a net margin of 20.87%.

Institutional Investors Weigh In On First Capital

Several large investors have recently added to or reduced their stakes in FCAP. Empowered Funds LLC increased its position in shares of First Capital by 5.0% during the third quarter. Empowered Funds LLC now owns 14,030 shares of the savings and loans company’s stock worth $490,000 after acquiring an additional 670 shares during the period. Geode Capital Management LLC grew its stake in First Capital by 4.4% in the third quarter. Geode Capital Management LLC now owns 35,687 shares of the savings and loans company’s stock worth $1,248,000 after purchasing an additional 1,520 shares in the last quarter. Finally, Siena Capital Partners GP LLC increased its holdings in First Capital by 17.4% during the 3rd quarter. Siena Capital Partners GP LLC now owns 103,032 shares of the savings and loans company’s stock worth $3,602,000 after purchasing an additional 15,277 shares during the period. 11.65% of the stock is owned by hedge funds and other institutional investors.

About First Capital

First Capital, Inc operates as the bank holding company for First Harrison Bank that provides various banking services to individuals and business customers. The company offers various deposit instruments, including non-interest-bearing checking accounts, negotiable order of withdrawal accounts, money market accounts, regular savings accounts, certificates of deposit, and retirement savings plans.